GRAINS MAKING HEADLINES

AUDIO COMMENTARY

  • Wheat closes well off highs

  • War headlines boost crude again

  • Iffy candle in live cattle today

  • Do and don’t strategies in cattle

  • Careful without inputs locked in

  • Freeze concerns in wheat

  • Fertilizer impact & world wheat production

  • Bloomberg article about higher costs

  • Doesn’t feel like beans want to go straight up here yet. Strategies in soybean marketing

  • Not a great close in wheat today

  • How much is built into wheat already?

  • The world has plenty of wheat. Business is good but it’s not salty and we could be pricing ourselves out of the market

  • Marketing MPLS vs KC wheat

  • Plenty of “potential” upside in wheat

  • When everyone is calling for a bull market, how much is already priced into the market?

  • Chart breakdowns & targets below*

Listen to today’s audio below

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Office: (806)484-1214

CHART BREAKDOWNS

Dec Corn 🌽

New high for the move today.

Up against those old highs.

Flirting with a breakout.

If we get the breakout, looking for $5.12-5.15

$5.12 is the contract highs.

$5.15 is the golden fib.

Front Month Corn 🌽

This chart shows May right now. Friday it rolls to July.

If July is above $4.75 it would look like a possible breakout.

If that is the case, the next target is $5.00 and those highs from last February.

July Beans 🌱

Day 30 of the chop.

New high close for the move.

Looking like a “possible” breakout here.

We are poking our head above resistance but not out of the woods yet.

The MACD did flip bullish for the first time since January. So that is noteworthy.

But have to be carefull of the bull trap here like we’ve seen a few times recently.

Nov Beans 🌱

Right up at resistance.

Breakthrough and we should get a leg higher.

If we get the breakout, could possibly eye the $12.09 area. But this target is subject to change.

KC Wheat 🌾

Not a great close today.

Could potentially be due for a breather.

We hit the 78.6% retracement.

The original rally struggled at the 61.8% level.

$7.00 was also the golden fib.

So seeing us struggle here wouldn’t come as a shock, but doesn’t have to happen.

The ultimate next target is $7.50 at the contract highs.

(Scroll for more reasons behind this next target of $7.50)

Here is the continuous chart.

We broke some major resistance.

Could argue we have clear room to run.

Those highs from May 2024 come in at $7.50 as well.

$7.50 has been a pretty key level of both support and resistance over the years.


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Our phones are open 24/7 for you guys if you ever need anything or want to discuss your operation.

Jeremey & Office: (806)484-1214

Sebastian: (605)280-1186

Email: sfrost@dailymarketminute.com


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Recent Signals

April 28th, 2026: 🌾 

KC wheat specific signal.

CLICK HERE TO VIEW

April 27th, 2026: 🌽

Corn catch up sell signal.

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April 10th, 2026: 🌽

Corn buy signal.

CLICK HERE TO VIEW

March 19th, 2026: 🌱 

New crop soybeans signal & hedge alert.

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March 9th, 2026: 🌱 

Soybeans signal & hedge alert. Sent via text.

CLICK HERE TO VIEW


March 6th, 2026: 🌽 🌾 

Corn & wheat sell signal & hedge alert.

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March 3rd, 2026: 🌽

Old crop & new crop corn sell signal & hedge alert.

CLICK HERE TO VIEW


Feb 26th, 2026: 🌱

Old crop & new crop beans sell signal & hedge alert.

CLICK HERE TO VIEW


Feb 19th, 2026: 🌾  

KC wheat sell signal & hedge alert.

CLICK HERE TO VIEW


Feb 6th, 2026: 🌽 🌱 

Old crop corn & soybean sell signal & hedge alert.

CLICK HERE TO VIEW


Feb 4th, 2026: 🌱 

Soybean sell signal & hedge alert.

CLICK HERE TO VIEW


Nov 17th, 2025: 🌱

Soybean sell signal & hedge alert.

CLICK HERE TO VIEW


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2-YEAR HIGHS IN WHEAT